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April 2010 |
Did you know that the Williston Basin includes eastern Montana, western North Dakota, western South Dakota, and southern Saskatchewan? It includes the oil-laden Bakken Reservoir, and below the Bakken is the newly discovered Three Rivers Formation which could equal the Bakken. There are reports that there is not enough pipeline to move all of the oil to market, and that North Dakota needs more refining capacity.
Did you know only a small area of Minnesota, up by Duluth, is located over an oil basin? It’s called the Great Lakes Basin and the oil reserves lie under the Great Lakes. |
Did you know that Bakken shale is an oil and natural gas bearing layer of rock and is the largest oil find in the history of United States? This is according to the U.S. Geological Survey Administration. It was named after Henry Bakken, the landowner of the property where the first well was drilled penetrating the Bakken in 1953. [The Iverson Well producing oil in 1951 must not have penetrated the Bakken Formation, but another oil producing area.] In early 2008, the USGS released findings that from 3 to 4.3 billion barrels of oil could be recovered from approximately 167 billion barrels total in the shale. There are many promising new technologies that could extract much more of the total 167 billion barrels that the Bakken shale contains. It’s the reason for a new oil boom at Tioga.
Did you know that some people like to build their homes far, far off the beaten path, nestled into the earth’s rock formations rather than the earth’s forests and fertile valleys? Can you spy them in the photos?
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